Tax

In today’s sophisticated economic and business climate, and in an increasingly more global environment, almost every transaction, entity and business formation and structuring raise Federal and state income tax problems on which, Bean, Kinney & Korman has the depth of knowledge and expertise to advise you.

Our tax practice is wide ranging and covers most of the tax issues you and your businesses will face. These include choice of entities to be used, tax aspects of mergers and acquisitions, issues involved in real estate transactions, issues relating to the formation of pass-through entities (S corporations, partnerships and LLCs), executive compensation, ERISA, qualified and non-qualified deferred compensation plans, tax-exempt entities (public charities, private foundations and trade associations), and US taxation of foreign businesses and operations (inbound and outbound). Bean, Kinney & Korman’s tax practice also covers estate planning, business succession planning and family wealth transfers for high net worth individuals and businesses of all types.

The firm offers extensive experience in handling controversy work with the IRS, including audits, appeals and pretrial tax litigation, and also in handling significant state income tax controversy work with various tax agencies for income, sales, use, personal property and estate tax.

We seek on behalf of our clients to minimize their tax exposure, save taxes when challenged by taxing authorities, structure business deals in order to make them tax-efficient and undertake tax planning to reduce risks of future tax problems and liabilities.